adjustments have become more sensitive to adjustment costs during the transition, but worker and manager ownership are associated …

complementarity in the practice. The model is estimated on panel data for workers and firms in Russia, facilitating identification …

Soviet Republics of Russia and Ukraine. Exploiting annual manufacturing census data from 1985 to 2000, we find that Soviet … Russia displayed job flow behavior quite different from market economies, with very low rates of job reallocation that bore … reforming Russia than in “gradualist” Ukraine, as did the estimated effects of privatization and competitive pressures from …

% in Hungary, and 3% in Ukraine, with some variation across specifications, while in Russia it lowers it about 4 … ambiguous even after 5 years in Russia. Pre-privatization MFP exceeds that of firms remaining state-owned in all countries …

Russia, facilitating identification through fixed effects for employees, employers, and local labor markets, and instrumental …

models imply that majority privatization raises MFP about 15% in Romania, 8% in Hungary, and 2% in Ukraine, while in Russia … years after privatization to emerge in Russia. …

complementarity in the practice. The model is estimated on panel data for workers and firms in Russia, facilitating identification …

complementarity in the practice. The model is estimated on panel data for workers and firms in Russia, facilitating identification …